taxes Property Tax Assistance

2023 Confidence Interval Detail

Hopkins County
112-906/North Hopkins ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 8,026,480 0.7843 10,233,941 12 114 0.037563729
A 9,393,930 0.7752 12,118,073 12 80 0.058915255
A 10,332,750 0.7477 13,819,379 12 66 0.063071263
A 18,851,810 0.9699 19,436,859 10 68 0.007290265
E 130,368,030 0.8951 145,646,330 23 904 0.042661322
Random Totals: 176,973,000 201,254,582 69 1,232
CATG D1 EXCEPTION VALUES: 6,666,780 5,261,484
Total Test Values 183,639,780 206,516,066

Margin of Error

Margin of Error Percent: 6.1331995
Margin of Error Value: 12,666,042

Confidence Interval Values(5)

Local Test Value: 183,639,780 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 193,850,024 (State Test Value minus Margin of Error Percent)
State Upper Limit: 219,182,108 (State Test Value plus Margin of Error Percent)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values